标签：#defense tech

Founded in 2022, Castelion set out to manufacture hypersonic weapon systems at a lower cost and at faster speeds than traditional defense primes.

African defense tech company Terra Industries announced an additional $18 million in funding, bringing its seed round to $52 million.

Hadrian is building automated factories to mass-produce parts for defense vehicles like submarines. It's backed by a long list of well-known investors.

Anduril is said to be raising a new round of funding that may push its valuation up to about $100 billion, per Reuters.

Mach's approach differs sharply from some of its peers.

Defense tech is red hot right now. Anduril and Mach Industries just doubled and quadrupled their valuations, respectively, and the U.S. government is proposing a 40% increase in defense budget. A wave of new startups is chasing those government contracts, but according to Ross Fubini, the venture investor who wrote Anduril’s first check, most of them will get lost in the Valley of Death between prototype contract […]